The number of surveyors reporting increases in prices outnumbered those reporting declines by just 23.9% in May, the smallest percentage since April 2006. The ratio of sales to stock has fallen for the second month to 40.9, however new buyer enquiries have leveled (after declining for several months) and some of the sales/stock ratio movement can be put down to a surge in the number of homes reaching the market by sellers attempting to beat the imaginary HIPs deadline. More here.

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